maria: thank you so much. big show head. i maria bartiromo and it's one day, march 15th. top stories at 6:00 a.m. president turned tax refund leagues the white house repeated msnbc for releasing the illegally obtained document last night. it did not reveal much, by the way. where do you think that the heavy snow hitting new orleans but not as historic as the forecast. taken residence for their insight nonetheless. >> during the travel plan we experienced 38 taxes. it allows us to clear the roads. >> mother nature is an unpredictable lady. sometimes she was unpredictable once again today. all the forecast said the storm would hit new york city in long island heaviest although it would affect the entire state.

we deployed accordingly. maria: airlines working to cover dozens of flights canceled and delayed this morning after the storm. or hacked a large number of accounts including major news organizations compromise. now posting disturbing messages. investors waiting on the decision today. markets will open up a good rally underway. 2:00 p.m. eastern we learn how they can interest rate increase will get. i had a back cover readings on consumer prices and retail sales at 8:30 a.m. gains across the board earlier have largely evaporated. markets in paris, cac down a fraction. ftse 100 up a quarter of a percent. asia starts posing as a flat line. very close to a open today.

watch it watching the prices this morning. 2% with oil setting up $48.18 a barrel. a pair of shootings on a california highway. drivers annexed opposite directions. got men on the loose. richmond is underway. tensions rising. when players seem choking his teammate on the sidelines. not sure if this is a birthday worth celebrating. the same: a california town turns one. they celebrated. first year, happy birthday. should be to talk about it, cursing habit is at best. we can't c. kelley and "new york times" best-selling author peter kiernan. >> most importantly, did ella bella makes the storm? true to guess, maybe the maltese

survived. the big interview with house speaker paul ryan about the health care plan. pushing back on this big time. >> if you think about the plant covered a democrat would go a long and so they did it to get it republicans. they even were able to look at it and others have been coming out of the cbo that democrats can use against them. >> what happened now with the other important items on the agenda. talking about that with the speaker of the house. paul ryan will join us coming out. presidential candidate in arkansas governor mike huckabee is with us. richard haas is here this morning and senior judicial analyst judge andrew napolitano weighs in as well.

chief of staff to george w. bush and fox news contributor karl rove is here as well. do stay with us. msnbc releasing the first to what they claim to be president donald trump 2005 federal tax information during a broadcast last night. rachel matus says the commander-in-chief hundred $50 million paid over $38 million in federal taxes. she defended releasing the leaked document that her show last night. >> the people of the united states need to know ifoue got unexplained sources of income, particularly for an origin, it hints that need to see the tax return, has he received loans from foreign sources? maria: the white house fired back calling msnbc desperate for ratings and also says despite

the tax paid it is totally illegal to steal unpublished tax return. the dishonest media can make this part of their agenda while the president will focus on his. tax reform will benefit all americans. president drug son donald turned junior also weighed in. thank you, rachel maddow to bring to your trump fading flowers as successfully as the many made -- paid $40 million in taxes in 2005. lita epstein, michigan cochair a co-owner of vast oil corporation. thanks for joining us this morning. the president is headed your way this afternoon. talk about that in a moment. do you think this is a distraction over the bigger tod.

all eyes on this date this one in his direction. he is committed to producing jobs, addressing regulatory reform, making the automotive industry competitive. all of these unsubstantiated claims about tax refunds are vile, inappropriate in off the right path the president has a fondness for the economic reinvigoration of the country. true to really see you think an issue to explain why she had to release tax returns that the american people do not care reie

automotive industry. maria: we'll talk about that. >> and he even paid more than those in his income bracket in the top 1% paying an average of 22% and he paid about that. it was actually a very good night for donald trump in the white house. the press response to this was a knockout. >> if you get into an archaeological dig you want to uncover something. he paid a lot more taxes than i thought he was going to pay. this is something that does not need to be rededicated. >> various baby on the liberal side, but not conservatives. >> it. >> it was made out he didn't pay taxes. this proved that covered up his eight years. maria: is fake news.

>> they were publishing it. this proves he paid at least 2005. >> they will look for the cook, robby now. because of this archaeological dig. maria: the focus at the white house today. donald trump headed to michigan where he will formally announce the review of fuel efficiency rules set during the obama administration. the commander-in-chief said to meet with auto leaders. yet chrysler, toyota, all at the meeting today. sean spicer weighed in this morning. watch this. >> are great opportunity for the president to showcase boosters ambitious by america, higher american agenda at encouraging investment would work force training are ready for the jobs of the future of removing the roadblocks that prevent american businesses here in the united states.the automotive industry.

our industry has been stymied. we have elicited a bit of hard-working individuals addressing the industry to complete entrée to be in a global world. i have a great honor of being at this meeting as a member of the automotive industry and supplier to thecan't wait to be a participating here everything he has to say and share with the public everything that came out of that meeting. maria: this is the term for donald trump. >> this'll been so much to the people of detroit and michigan who are enthusiastic about him. this makes. cannot make sense. oil prices are low. electric cars is our cars are not selling well.

this makes economic sense it will be a huge win for donald trump today. >> auto manufacturers had to deal with currency manipulators as they solve them with japan pitch it in a recent meeting with business leaders about harley davidson their motorcycles are taxed higher the import side. this is a tough situation when you talk about exporting, importing currencies. >> the automakers want to talk to him about his positions us well. right across the river. >> the thing i like about this is ground zero for job loss. one out of six jobs were lost in michigan. over 25% of the jobs in michigan gone. if you go to a place without problem, people all over the country respond.

>> response to the gop opposition announcing and warning are fulfilled for the changes after they review the plan yesterday. what they said was 23 million people for the uninsured is it the uninsured is that critical the

members of the republican house come together. >> i would not underestimate the impact of what it is i'm prepared to do deals here. its critics through this. i believe everything in the house of representatives does with him a line. i would not be too worried about the cbo budget analysis. they were way off on obama cared. this is hardly the gutenberg bible. the msn same let the games begin. good to see you. thanks for joining this morning. stick with us later in the show will join the speaker of the house paul ryan.

congressman ryan will join me at 8:30 a.m. eastern. stay with us for the interview. the northeast digs out this morning after heavy snow causes thousands of flight cancellations. twitter gets hacked. dozens of major accounts affected by what appears to be a cyberattack. details coming up. back in a moment. ♪ a cancer diagnosis can be overwhelming and complicated. that's why at cancer treatment centers of america, every patient gets their own care manager, to coordinate every aspect of their care. it's a long journey, its very complicated and we try to help them through that.

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maria: welcome back. the northeast to begin now. cheryl casone with details of headlines. reporter: good morning, maria appeared the storm did leave two dead in the midwest and contributed to two more deaths yesterday. for snow totals come in big cities to your current philadelphia and washington d.c. got off easy as the storm drifted off the expected course. other areas disrupted travel. 6000 flights were canceled tuesday alone. be sure to check on your flight before we head out the door. voters are heading to the polls in the netherlands in the first of three major elections this year. liberal prime minister against

his popular challenger whose platform includes danny the koran in that country. and maybe chopping the polls. exit polls will be released at 9:00 p.m. local time tonight when it closes. high-profile twitter accounts have been attacked by supporters of turkey's president. ford, bbc, north america posted content supported sunday with hash tags pretty not to germany and holland and included swastikas. news comes after they refused to allow ministers to campaign netherlands or referendum powers at home. they are aware of the issue

effective this morning. speaking of hacking, u.s. officials related about passive yahoo! had that affected hundreds of millions of users. hackers have ties to the russian government. according to the journal which charges will be announced this morning. we know the doj has said they scheduled this morning but we don't have specific details. two russians, one canadian. back to you. what do you think about this at yahoo!? >> it's always the russians. it's interesting because this is verizon. acquired yahoo! and one of the things that they paid -- they've done some time already. because of these breaches. bristol-myers and $23 million exit package. it tries fast as a kid to put this behind them.

>> certainly has been hanging over them. interesting verizon wanted to cut the deal. >> this is the biggest breach in history. it happened a couple time and yahoo! covered it up. >> it's three years old. my experience and you have to merge they rarely make a day. i don't think this will work out well for dailies get a better value for it. we will take a short break. a manhunt under way california. police looking for the looking for the time in who shot two people on the freeway. the very latest for you. federal reserve today anticipating a rate hike and what it would be for the trump rallied next. back in a moment.

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maria: welcome back. markets rallied ahead of the fed decision. teachers indicated in a seven points. federal reserve continued its two-day meeting expected to raise interest rates today. stronger-than-expected jobs report. what do you about the decision? >> this is baked into the market. the market anticipated what the market doesn't know is whether there's going to be to rate two rate hikes after this are just one more. expectations coming out of that meeting and we saw the first time they raise rates they could do a great job indicating full rate hikes. the market can't volatile that won january and december. let's see what they've got going forward. tragic chairwomen janet yellen said rate hikes will not be as low. they recognize that they've done

in the past. >> this is a perfect bow how they are on a collision course. two rate hikes in the move today will make it with the possibility. what is a broader question to donald trump was more heat, were energy and they want to slow things down. that to me is a collision course. >> one of the reasons why it's behind a cut and fiscal policy. coders, repeatedly before this meeting saying they're excited about fiscal policies should lead to more growth. >> they have a chance to do this in june. three weeks ago the market was saying less than 2% chance. they wanted the rate hike today. this has been asserted that, a hawkish at will put them.

>> the market survey. 15% since election day on the dow and nasdaq. does the rallied slowdown on obesity rates going up? do you think the market selloff? >> a lot of people watching and parsing through the state department communiqué. what is the fed going to do later on? they could have a dampening effect on all the things. >> or as a complacency. we haven't time to move up more than 1% in over 100 days. almost going to a 30 year timeline. it's pretty interesting because when you look at the soft data, meaning the survey business optimism is really high. the hard data we've seen inflation picked up a little bit not to let the fed funds. wages are taken out so the fed has the all clear to do this.

the problem is everybody is expecting the fiscal policy and promises made by the administration. when donald trump is running for president he was saying we are going to win so much you'll get tired of it. they've come out with the affordable care act repeal and replace. he could to lay taxes. that's starting to make it out into research. if they don't get tax policy, you would see selloff and this would not be good for the market. >> a huge surge in confidence. small businesses the cradle job creation. donald trump cannot afford to disappoint. q. does the market will have an accident. trained to attack with paul rant about bad. if he doesn't get the odometer replacement in place with the goatee needs, tax reform. >> everything hinges on the palmatier repeal andreplace.

you are so right in the fact when you look at his economy, like that is what he promised. can keep that winning environment. if he loses that, you have these grt jobs reports. if he loses the momentum he will not have the same mandate from the voter is necessarily to push his agenda and the momentum is key this year. maria: we'll see about that. president trump met with the saudi crown prince yesterday and more than oil's recent decline. who takes flight. american airlines to bring meals back to all players back in a moment. ♪ why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain,

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maria: thanks for joining us. i am maria bartiroma. it is wednesday, march 15th. president trump headed to the midwest today, the commander in chief will meet with business leaders in michigan before taking his message to tennessee. >> the president hopes to build on the great optimism he has built with the business community and anticipation with a renewed opportunity for the president's economic agenda already created. he and his team are hard at work producing results the american people deserve and voted for

last year. maria: president trump met with the crown prince of saudi arabia over the country's plan for oil production, prices in a tailspin, recently oil at $39.17 a barrel, looking at prices coming up, investors waiting on the fed decision, we expect the fed to announce interest rates going higher at 2:00 eastern, markets rallying ahead of the meeting, markets expected to be up 30 points, readings on consumer prices and retail sale, interesting to see market looking at a potential rate hike is a vote of confidence in the economy. in europe markets are mixed, lows searching for direction and the dax index lower. close to the flatline not much action, the nikkei, hang seng and kospi are lower. breaking news, a pair shootings on a california highway.

the gunman is on the loose, the latest on this manhunt coming up. the shocking fight and teammates and the ncaa tournament hits off. the details as american airlines, and we know the feeling of getting a year older but one town taking a birthday stride, residents throwing a party for neighborhood nuisance. prices have been dropping in the last week with oil and paste of the longest losing streak in 14 months. president trump met with deputy crown prince mohammed salmon to discuss efforts to move away from an oil driven economy. the saudi economic development council member and minister of state, good to have you, thanks

for joining us. saudi arabia has been trying to diversify our economy time given focus on oil for so long. how his back on did you have you been able to diversify the economy? >> you have to go back to last we 5 decades, about diversifying the economy and we achieved a lot over the last we 5 decades whether it is building up the private sector, supporting it, infrastructure, etc. we have not been less pendant on oil revenues the last few decades. and what we announced, the 30, we want to be less dependent on oil prices and revenues going forward, we embarked on that journey. we just started and we have seen some success over the last year,

year and a half. that happens overnight. maria: oil is incredibly important for the economy, saudi arabia being one of the top producers of energy, and the need to support the price and the expectation that supply is lower, and president trump wants to tap into the energy space and resources of america to discuss more oil on the global markets. what is your sense of the supply of oil on the global market as we see efforts to drill more. >> we want the stability of the oil markets globally, and consumers, producers and everybody have a stable market

and it is a win/win situation and we will pursue those policies going forward, working the united states and oil producers around the world for the global markets. maria: there was a real debate going on two years ago when the us was ramping up production. the shale was really part story because there is so much more oil on the market. was there an escape for opec, not to stop production, and stopping production, the supply moving up, inc. it was a mistake to not stop the drop in oil? >> don't know if it was a mistake or not we can't assess that now. 15, 20 years from now we could

look back and see. oil prices go through cycles and we have been through cycles historically up and down cycles. what the kingdom has always cared about and what we care about going forward is more oil markets, up or down. maria: a senior official failed the meeting as a historical turning point in us/saudi relations was what are you expecting from the trump administration as far as us/saudi relations? >> based on the meeting we are expecting the relationship will go to a completely different level regarding the current administration and we will work on areas of interest, and explore new opportunities, and the united states and saudi arabia, and the eight decade relationship, this is not an

overnight relationship, we had this relationship or eight decades. maria: we know, incautious in terms of the travel ban taking effect tomorrow as far as his rhetoric related to the rest of the world because of isis. what has saudi arabia done to stop the threat of isis? >> saudi arabia has done a lot. we have been the target of isis, one of the countries isis has over the last three years targeted the most, working with the united states over the last two years and will continue to work further with the united states and other countries around the world to truly eradicate isis and end what they

have been doing in the region but also around the world. maria: what about your colleagues in the middle east, who is funding isis right now? >> an interesting question. they do receive funding from various sources. we have been working along with the united states and other countries to stop any funding going to isis. we believe with the us and other countries been successful and more with the united states to end what is going on. maria: important to hear from you the public wants to know what kind of relationship the us and saudi arabia are looking to have. what about the qatari's, are they funding isis? >> don't know if they are funding isis.

i don't believe there are. and other countries on, and for isis, and any isis in the near future. maria: the travel ban will take effect tomorrow. what is your reaction to that travel ban? >> it is a decision by the united states, the administration has announced there are legitimate. if you look at the kingdom of saudi arabia we have the restrictions other countries around the world have their own rules about travel and people entering and security and if that is what the administration is saying, we take that at face value and they will do the right thing going forward. maria: you are comfortable with what the president put in place

so far? >> we believe that is the decision of the administration and we respect it and we will work on this issue and there is any major issue being targeted toward certain people or certain religion because that is what they explain to us and what they presented to us and take it at face value. maria: our viewers are appreciating your candor and honesty in terms of what is going on in the world today. and what can you tell investors as a way to lure them into buying into this diversification and investment opportunity in saudi arabia today? >> we are transparent about it is one of the things we did that

we have never done before is the book global bond market 8 last year and we were happily surprised by the amount of interest globally, these are sophisticated investors, the amount of interest in the bond issuance, investors are comfortable with the fundamentals of the kingdom of saudi arabia, the economic, political and other fundamentals but comfortable with what we presented to the world about our future vision in 2030 and the way we are going and the biggest indicator to us was the level of interest we receive in our 30 year bonds, one of the highest ever by an emerging market. maria: an incredible debt raise and people were happy to see the participation you see. that was a big deal. thank you for telling us about it. >> thank you for having me and

have a nice day. maria: coming up birthdays are probably the pits. one person celebrate the anniversary of a steak hall and mile high meals take off. american airlines plan to bring flight back to coach in a minute. tired dog is a good dog. [ dog barking, crashing ] so when you need a dog walker or a handyman, we can help you find the right person for the job. discover all the ways we can help at angie's list. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence.

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maria: big rally of the way, markets expect to open on the dow jones industrial average, which we will get answers a couple names on the move, fiscal third-quarter earnings after the bell tonight, this does move stocks would analysts expect earnings of $.62 a share watching the transition to the cloud during the quarter, shares are up 11% and it is worth watching.

microsoft announcing linkedin cofounder reed hoffman joining the board of directors, acquiring the social networking site for $26 billion last year. microsoft shares up year over year. police in california searching for a suspect after two drivers were shot on a freeway. cheryl casone he has details. cheryl: police in rialto, california say a gunman injured two drivers in separate cars traveling in opposite directions on the freeway. it is traveling eastbound before the second driver was attacked while traveling westbound. both drivers, this is a non-life-threatening injury but certainly concern for drivers in california overnight is another airline bringing back 3 in-flight meals, delta said they would bring back meals, for your coach flyers which american airlines settable surf three

meals on flights. american, the most competitive domestic routes, new york to la and san francisco, customers get a continental breakfast with sandwich wrap, is a big. the fruit and cheese plate and vegetarian option. you mentioned this earlier residents throwing a birthday party kind of for giant sinkhole that formed last year, 25 miles east of san francisco. a tongue-in-cheek celebration, cake, one man says this is costing 20% of his business, the city looking for $3 million in federal assistance to fix the sinkhole but don't have the money. the city is like seriously? maria: it is sitting there.

everybody knows about it. some kind of community more row building. it won't celebrate a second birthday. >> a lot of dirt. taxpayer dollars, how did the whole not get fixed? we are paying city, state. maria: california taxes are the highest in the nation, california crazy. fix that sinkhole. maria: when we come back march madness, tension arising off the court. one player was seen choking his teammate on the sideline. a shocking moment, stay with us. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine.

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>> march madness has arrived, the tournament opens with a skirmish between teammates. >> the university of new orleans, to mount st. mary's, what what happened in the second half of this contest. and to his teammate, and pushed him away around gil's wrote and the rest of the game, tomorrow. and the first ncaa tournament, 95882 advancing to the bracket as the wildcats in the south region face, two games tonight.

and uc davis. eddie lacey leading the green bay packers to sign a seattle seahawks, he only paid six games because of an ankle injury, $5.5 million, 3 million guaranteed, the rookie of the year who had back to back 11 yard season in bay but battle weight issues. let's go to the idea of the dinner rod, at age 57 the oldest person to win the iditarod and dogsled race beating the defending champion, his son for the title, his third time winning the iditarod race and did it in record time. congratulations, 57-year-old which cv in anchorage got to spend time with these sled dogs, fun, fun, fun, beautiful creatures. 1000 miles across alaska.

maria: ticketmaster fight back against ticket buying parts. a new program called verified fans. >> on some ticket buying sites, type in the word, apparently it was because these robots could match up tickets whether it be for sporting events or concerts and regular folks like us who want to buy tickets they just went on sale, how was it sold out, this new venture they are hoping will cut down. >> they know who i am. maria: tickets before the robots it to them. >> the robots are profiled essentially to have a better idea know who is doing it and who is not. >> robot profiling. >> they don't want them around. >> better behaved and in some

cases. maria: one of arnold palmer's favorite drinks was on the rocks. >> works for me. they are going to sell a 750 ml bottle for $24.99, same price, they do this while all of palmer was still alive, they are close, arnold palmer, this would go perfectly with a little mix of iced tea and lemonade. >> puts a twist on it. it is hard. maria: thanks so much, all sports news, catch the sports reports on fox news headlines 24/7. budweiser joins the space race, their plans to brew on mars, next hour, "mornings with maria" back in a minute. s onlyedition? because, actually there's five. ooohh!!

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maria: good wednesday morning, thanks for joining us, it is wednesday, march 15th. 7:00 a.m. on the east coast president trump's tax returns released. ms nbc reported on the documents that show the president did pay taxes ended make a lot of money. the administration calling the move illegal and desperate, trump tweeting this, does anybody believe a reporter nobody ever heard of went to his mailbox and found my tax

returns@nbc news, fake news, from donald trump, the president tweeting the white house eyeing leaks over russia, mike pence weighed in ahead of the senate meeting. >> concerns about leaks, happening out of this administration and determination that he has to make sure we are protecting the national security of our country. you will continue to see our administration for the safety and security of the american people first and president trump take the protection of the nation have secrets when it comes to national security very seriously. maria: we are looking at that coming up as another key vote in europe, voters in the netherlands head to the polls, the focus on the far right candidate who is being called the dutch trump, the

implications of the vote coming up this morning, we talk about it with richard haas, the northeast digs out, the storm not as historic as forecast. airlines working to recover, dozens of whites already canceled this morning from others are delayed. google's messaging apps under fire, it give away your entire search history to people you message. investors waiting on the fed decision, they announce raising interest rates a quarter of a point, off of the highs of the morning. the market expected to be up. and consumer prices in retail sales, in an hour and a half we

bring those numbers. check your been indices searching for direction. the s&p 100 and ask index fractionally higher. the cac quarante lower by a fraction, stocks closed near the flatline as you see here, not a lot of big moves. budweiser looks to make an out of this world year, the company exploring brewing on mars. a favorite band, kids can no longer place apps. and with us, chief investment officer kevin kelly with us, peter kiernan with us as well. great panel today. >> this will make the kids want to play tag. if you tell kids they can't play tag they will find a way. maria: politically correct nuts. >> tag was my favorite game and great exercise. tag on their phone. >> no longer tag but chase and

embrace. maria: we will talk about this coming up and joining the conversation a special interview coming away, speaker of the house paul ryan is here talking to us about the gop replacement for obamacare and the president of the council on foreign relations and author of the world in disarray, richard haas is here to walk us through the elections in the netherlands. senior judicial analyst judge andrew napolitano is with us and deputy chief of staff to president bush karl rove is here, you don't want to miss a moment. msnbc released a portion of what they claim to be donald trump's 2005 federal tax information during a broadcast last night. host rachel maddow reported trump 81 $50 million and paid $30 million in federal taxes, defendant releasing the documents during her show last night. >> this is the only set of the

president's federal taxes reporters have ever gotten hold of. the first amendment gives us the right to publish his return. it is not illegally published. nor are we fake. pinch me, i am real. maria: president trump tweeted does anyone believe a reporter who know whatever heard of went to his mailbox and found my tax returns? @nbc news, fake news, joining me as president of candidate and arkansas governor mike huckabee. you have been having a lot of fun with this on twitter, cracking me up with your sweets. what is your take? >> this idea that it showed up in the guy's mailbox, he was looking to see if he won publishers clearinghouse sweepstakes and found donald trump's tax returns. this is blowing any credibility msnbc ever had and they didn't have a lot but the most interesting thing about this is the big revelation rachel maddow had some of these two teams,

number one donald trump is a very rich man. we didn't know that before. number 2, he paid more percentage in taxes than bernie sanders, the socialist, twice as much, more than barack obama. hillary was lying when she was saying through the debates donald trump has never paid any taxes. we now know. maria: you thought it would have been less. >> there are things i could show where he could save taxes. msnbc is next going to see what we could find in our capone's tomb but for the moment they have to have a thin and frugal repast off of this trump is because there is no news there. >> one of the things i try to point out is if rachel maddow is interested in tax returns let her do some investigation of the tween 9 either current or former

colleagues at msnbc who have tax liens against them, who haven't paid their taxes, that might be an interesting story. maria: who are the reporters with tax liens on them? i wasn't sure who you were referring to? >> our sharpton, melissa harris perry, total of tween 9 and on twitter i link story that lists all of them and how much they owe. that is what is so ironic about this. if they are that interested in tax returns. a lot of people don't know this. if you are a candidate or officeholder, you have to release details financial information on the statement of financial interest. it is far more detailed, gives you far more insight into a person's wealth or lack thereof been a tax return. a tax return is so indecipherable that even the accountant who put it together don't understand it and the irs

certainly doesn't. if you want to find out about donald trump's financial entanglements look at his sf i. it has been on public record for two years the day he became a candidate since was they act like the tax returns are going to show something. maria: the white house called msnbc desperate for ratings, they released a statement saying this. you know you're desperate for ratings when you're going to violate the law to push a story about two pages of tax returns from over a decade ago. before being elected president mister trump was one of the most successful businessmen in the world with a responsibility to his company, his family and his employees to pay no more tax the legally required. it is totally illegal to steal and publish tax returns, the dishonest media can continue to make this part of their agenda while the president will focus on his which includes tax reform which will benefit all americans lose this is the statement from the white house. >> a good statement and by the

way i couldn't agree more. i don't want a president who pays more to the federal government then he has to because that is not a very smart person. i don't know of anybody who says i don't feel like we paid enough. write a bigger check and send that to the irs. i feel so guilty i'm getting these great benefits from the federal government and i don't feel 30, 40, 50% of my income to taxes is enough. let's pay them a little more. maria: i got to bring this up because the president tweeted again, president trump talking about the new snoop dogg music in you. have you seen this? it shows the wrapper shooting a trump impersonator depicted as a clown. we talked about this yesterday, absolutely outrageous and disgusting and here is what the president just tweeted can you imagine what the outcry would be if snoop dogg, failing career and all had aimed and fired the gun at president obama? jail time. your thoughts?

>> exactly. i am just stunned that people on the far left get away with making these kind of threads we think about the things ashley johnson and madonna said at the big march in washington this is stuff that goes over the line, we love satire and we love comedy but there's nothing funny about pretending to shoot the president of the united states in the head, that is not funny and i hope snoop dogg or poop dog or whoever he is, i hope he will at least apologize if not get investigated. >> time to clean up the mess and one of the things snoop dogg should do is apologize, don't you? let's have some civility. this if anything i have seen demands and apology. >> it really does and we all like comedy but this isn't funny and that is what we have to say to people like the dog, look, there are some things that are just not there and that is one

of them. i really feel the left needs to take a good look in the mirror and ask themselves is this how i want my children to grow up, to be like me. i hope the answer is no. >> this highlights a fact that those on the left that haven't gone over donald trump's election are doing desperate attempted anything whether it is snoop dogg in this video or rachel maddow with his non-smoking gun tax situation. i would think she would have had better headlines had she produced her own tax returns and was the president to release but where do you think the left is going to go from here? seems they can't let it go. what policies, what can they do to rebound from this? seems like they are doing everything they can, the resin story has fallen aside, no one cares anymore contacts story has fallen aside, what can you do to

rebuild their establishment? >> great point the fact is more they tried to delegitimize donald trump the more they delegitimize themselves. if they want to attack president trump or his administration or the congress then go after them on policy, point out where they would do things differently, how they would do them differently and how they are doing them differently would help the american people more. you know why they are not doing that? because they got nothing. they got nothing to show and they can't say we had a great eight years of economy under obama because they didn't, they can't say people's wages went up under obama, they didn't, they can't say the stock market moved under obama because it is booming before trump got in office. look at all the factors most americans really care about and the democrats policies toward them have been hurtful to working-class people in this country and donald trump is so far succeeding and i hope he

doesn't get captured by the palace guard, that he continues to drain the swamp, that he pushes hard on the agenda he came in with and truly does help to make america great again. those are not just slogans. those are also very important parts of how he has to govern and when he does that i think it further delegitimize is the far loony left who really don't have anything but insults and these made up only stories they keep creating about russia. maria: what about healthcare? is is going to be a big test in his governing leadership with pushback on the gop plan. >> i do worry about it because i think some of the elements of the health care plan come more from think tanks than they do from the practical pragmatic aspects of governing and pushing out healthcare policy and there are specific things i wish the president would assist on an his health care bill. it is not done, got to go to the senate so people getting a little too worked up about it. turn medicaid completely over to the states with a block grant

and give them the capacity to put in co-pays, deductibles and premiums otherwise you are never going to contain it, never cost control it, make it very clear we have to change the paradigm from the entire health care system focused on intervening at the point at which disease is catastrophic and start preventing and curing the disease before it gets there. we can't sustain increased costs of healthcare and let's be honest with the reagan people. unless we change that paradigm healthcare will never get less expensive. one quick fact, 85% of a person at lifetime healthcare expenses are spent in their last 18 months to two years of life. we don't have healthcare crisis, we have a health crisis and until we address that, we are never going to see the country catch up with the cost. maria: which is why we try hard to focus on wellness and taking care while you are healthy. thank you so much, snoop dogg apologizes like you ask him do.

coming up next up northeast trees sending investors flocking. what to expect from the winter apparel company, pricing inside the ipo, stay with us on that and google's messenger apps caught oversharing, the privacy glitch revealing usable, google search history to their friends, unbelievable, back in a moment.

maria: a symphony of shovels can be heard in the northeast as residents dig out from yesterday's blizzard. cheryl: a lot of shovels across the region. people are starting to dig out. one of the biggest forms of the winter causing serious travel disruptions and thousands of power outages, 6000 flights were canceled, today won't be more fun. two deaths are blamed on the storm. new york city declared a state of emergency but it may not happen necessarily. the national weather service realized before the storm hit that it would not be as bad as forecast but new york city decided to stick with the deep snow warning out of an abundance of caution. one local politician called it fake news, central park, we should say only 7 inches of snow

but new york city shutdown yesterday. with the east coast blessed by a nor'easter seems like good timing for canada goose ipo, expected to price their initial public offering after the bell today, the president expected to raise $227 million. canada goose shares will trade on the stock exchange and new york stock exchange, and then bain capital, 70% stake in 2013 and finally google publicly sharing users search history, google had to fix the glitches after search histories with friends were shared without permission, the virtual assistant did not work as intended in group chat so search history shared with friends, aloe has been criticized for privacy issues.

those are your headlines. maria: imagine that each all your searches are out, not good. president trump just weed he is on fire this morning. this about his plan saying will be going to detroit, michigan, love today for a big meeting on bringing back car production to the state and the us, already happening. the president is headed to detroit and throughout the chicken to talk about bringing jobs back to america. we will talk about that when we come back and paul ryan coming up, key test to the rise of european populism, dutch voters head to the polls, antiestablishment sentiments running high. we will talk about the dutch elections and neiman marcus on the market, the struggling retailer in talks with fifth avenue owner hudson bay, and the retail industry, consolidation raging in retail.

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maria: walk back, dutch people voting in a major election that would test the rise of populism which and pallets across the country today in the netherlands with one popular politician, far right candidate who has been called the dutch trump for his straight talking approach. here is what voters had to say about can bring holland back to the dutch people. >> not afraid to open his mouth, not afraid to try to be honest. maria: joining us is the president of the council on foreign relations and author of a world in disarray, american foreign policy and the crisis of the old order.

good to see you. you just heard those people in the netherlands talking about the far right candidate. what is your take about the election in the netherlands? >> always dangerous to predict elections but if i were betting the far right candidate will not win. more likely to come in second or third and he can't form a government. the way it works, proportional representation you get 10% of the vote, 10% of the seats in parliament, he doesn't have coalition. maria: even if he were to be elected he is going to be handicapped because he is not going to be able to put his government together. >> it is important that he not win. what we would like to see here what i would like to see is a stemming of the tide towards ever greater populism. maria: it is taking hold across the world. why should the us care about what is going on in the netherlands? >> it matters because of the europe. in france this spring.

that is what really matters in one doesn't one to see the momentum tip in the direction of right-wing forces in either of those countries. maria: friends is one of the largest players, the euro is dead, collapses. maria: speech is more important than getting out of the euro, most americans don't realize the creation of what began as the coal and steel community is to cut together. germany and france in particular, in the 20th century would never happen again. this is a great peacemaking institution beyond the economics and for all its flaws it still brought prosperity to europe. maria: it is a nice peacemaking situation in terms of bringing countries together but the euro and the currency a smart idea because it feels they could be a failure, one currency, several mentalities, depending what

you're talking about in their approach to the economy. >> the euro was an example of too ambitious, you don't have parallel fiscal policy, very different kinds of autonomies and the euro has created more problems. maria: mister builders in the netherlands says he wants to get out of the eu. if he were to win would he be able to pull the netherlands out of the eu? >> he couldn't put together an anti-yibbidydib government. the bigger danger is france, the national front man, if she got into government and became the next president of france she could take friends out of the eu if she so desired and that he the end of post world war zero back europe. maria: those elections happen in april and may that is the one to watch. if this is in the netherlands. >> this is one of those paintings, the latest and people looking at this closely and

people like me hope this is the peak and we see the tide beginning to receive. maria: we know why donald trump won this election, people worried about jobs, jobs plan, he resonated but the same situation in europe? >> even more it is immigration. because of the hundreds of thousands of refugees that very quickly came into europe and years and years, even decades of low economic growth have hit europe, somewhat remote european bureaucracy, often called the democratic deficit, people feel they can't control their own lives so it is a warning for us that when people feel they can't control their futures, their economic circumstances are improving, they feel overwhelmed by globalization, they are very vulnerable to populist nationalist forces. maria: what is the impact on european markets? if we were to see the netherlands go far right and there is speculation about

france, does that impact markets? >> absolutely. that would be tremendous and certainty, probably unraveling of the eu as you know it and we would see markets plummet. maria: they would plummet because it is a completely new way of doing things and the euro would collapse. >> market hate that kind of fundamental structural uncertainty so if the netherlands goes badly, the real thing will be france. france will be the pivot for all of europe and difference goes badly and compresses big difficulties angela merkel who has elections this fall whether she could maintain her hold on power. maria: who is coming to meet with president trump. let me ask about britain leaving the european union and yesterday was an important day because it was the beginning of teresa may saying we are leaving. is that right? >> you will have the trigger of article 50, the brits will formally inform the people of the eu that they want to leave europe and what you have the two your time you go where these

negotiations take place. the negotiations get done in this period, two your divorce settlement, if not done they will explain the time for the details to be worked out. maria: fascinating what is going on across the world. the council on foreign relations. states take on the revised travel land. the new lawsuit against the executive order a day before it goes into effect and call it microgravity brewing, budweiser's out of this world plan to take beermaking to space. we will bring you that story next, back in a minute. like what goes down doesn't always come back up. [ toilet flushes ] so when you need a plumber, you can count on us to help you find the right person for the job. discover all the ways we can help at angie's list. when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™.

liberty mutual insurance. .. maria: welcome back.

happy wednesday thanks so much for joining us. it's wednesday, march 15. here's your top stories. resident trump have said the midwest today. he will meet with auto leaders in michigan where he will formally announce a review of vehicle fuel efficiency rules set during the obama ministration. he tweets about has been his does it say we will be going to detroit, michigan. we will bring car production back to the states in the u.s. already happening. the trip is coming ahead of the huge day for the ministration. a new executive order on immigration. set to take effect tomorrow. >> people are less inclined to travel to the nine states and that is why the army -- argument is strong.

the very latest on the attempts to block the travel ban coming up this morning. forever 21 forced to remove shirts after they accuse them of having hateful symbols. the shocking allegations coming up. neiman marcus may have a new sale. investors around the world waiting on the federal reserve today. the decision will happen at about 2:15 eastern time today we will learn whether they will raise interest rates as is widely expected. the market is up the futures indicating a game of about 40 points. s&p 500 also higher. we will get consumer prices and retail sales today. the numbers come out and in about one hour from now. it has been a fractional move pretty much throughout the session today. sc 100 was the performance

there. mostly lower. how about a nice cold budweiser on mars. the head to the had to the red planet to produce beer. tag, you're not it out to rage after the california school be in the classic game called tag. half a dozen states to block the second executive order on travel from six predominantly muslim countries. washington state attorney state attorney general bob ferguson now joining in his lawsuit by the state of oregon, california, maryland, massachusetts and new york with hawaii now filing a separate lawsuit with presiding judge james robert. the white house on the other hand once executive order to take effect tomorrow as scheduled. judge, good to see you. what is the next step in now. >> we are waiting on three

decisions today. two in seattle. there is a second lawsuit filed in seattle by different plaintiffs for the same judge. judge robards who sits in seattle he is a judge that joined the enforcement of executive order number one nationwide and that injunction was upheld by the night circuit. since then the president rescinded that order and as we all know issued a new one which in my opinion is far more complete and thorough and likely eventually to be upheld. because they have a guideline from the night circuit in the accommodated every one of those objections. then all of the states that you just mentioned filed a lawsuit in hawaii. maria, the lawsuit in hawaii is the most scurrilous and personal attacks on a sitting president of the nine states in a courtroom since richard

nixon occupied the oval office because they've taken out of contest -- context of things he said long before he was a candidate and suggested that is what has intimated him as president of the united states. the justice department wrote a truly brilliant and gifted brief that was filed with this judge in hawaii yesterday. seating for ceiling for the proposition. it doesn't matter what politicians have said about their legislation and only matters with executive order say. is this executive order a muslim band. there man. there is nothing in there about religion. is there a rational basis for the six countries for the 90 day. it is set forth in executive order. that as background.

the actual answer to the question is i think we are going here today from judge robards in seattle. it is unfortunate that he has to fight so many of these cases. they should all be consolidated at one time before one judge. >> is the moment of contentiousetween those and how likely is it that they can get those overturned. because they don't have proper vetting system. that's a great question. because executive order number two sets forth non- classified reasons for the selection of these countries reasons that essentially not intelligible. in any rational person reading it would accept. the new litigations are based on things like the university

of hawaii is limited in its recruiting if they can't recruit professors and students from these countries. that's an insufficient basis to interfere with the president's execution of foreign policy one of the hawaii cases actually complaints that the mother-in-law is can have difficulty getting here on time. sometimes laws are inconvenient for this particular family but that again is insufficient to interfere with the president's foreign policy they have begun to reduce this two personal allegations. and personal difficulties, personal challenges to the president rather than these big pictures. >> two questions, do you think that the states would be so aggressive now had the administration may maybe been able to release the second executive order as a first one and it was interesting when donald trump met with the leader of saudi arabia and

said this is not a muslim band. it's not targeting islam. to help donald trump with his image. he said look, we pursue what he's doing. are happy to have all the support that he can particularly from an ally like saudi arabia i don't think that will resonate with the courts. as your first question i think demonstration wishes now that they had waited to have the professionals in the justice department after the first executive order the people that drafted the second one. hindsight is 2020. in the night circuit court of appeals opinion as disruptive as it was to the execution of foreign-policy if we can step back and look at the whole notion of the power of the president to give and deliver an executive order without interference does this marked

a new change in the way that states and people who are in the justice department are reacting to these executive orders? >> this is a novel area of constitutional jurisprudence. the states challenging the president the constitution said that the states cannot conduct their own foreign policy. here you have a half half-dozen states including the one in the we are in right now the state of new york has a date joined the case in hawaii. it's very unusual and i don't know where the supreme court is going to go. the default position here is with the president of the united states. because the constitution makes clear he decides who are our friends are he decides who our enemies are in the congress has given him many tools with which to execute those decisions not the least of which is the ability to

suspend immigration. there are new concerns over the continuing probe over several former capitol hill it workers. that probe has expanded. as many as six people now including three brothers may have gained continuing unauthorized access to computer systems used by the house they were working for several congressional executives had raised concerns about sensitive e-mails and hacked and elicited activity. and three of them are still employed. they have not only not been charged because hacking is a federal crime they have not been fired. i can't get my arms around us except to say it is potentially grave information to which they had access. one of the issues that they haven't been charged yet is because they might have much bigger charges the way to do

this in the justice department is it even fully put together. he's can hold up the nomination of the number two president until james comey gives an exclamation he is supposed to give the explanation today. at the justice department could procure an indictment of all of them the weakest of the number and his lawyer would go to the justice department and spilled the beans on the others. these are three brothers by the way mind-boggling while they were making hundred 67 thousand dollars each of them. >> and they were not properly vetted either. at least one of them has significant financial

difficulty. and you have a collision a bankruptcy financial stress and the ability to go through several different members of the house even invitation. so why did these members of congress recognize what they just saw. they were behind the dnc hack. she was among the people that they worked for. there is a lot more to come on this. judge, great to see. still to come. striking a deal a big ice egg and then taken out. california school is banning the classic playground game tag back in a minute.

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tag back in a minute. welcome back there was a fatalfn israel. two people were killed and seven others injured yesterday after multiple explosions tore through a warehouse in central israel. one hundred firefighters joining other first responders. and rescue people. they were trapped inside is fireworks continued to go up through the one report. the building collapsed just a few minutes after that started. emergency officials assayed someone put about a ton of fireworks in the warehouse probably for the upcoming independence day but there is no word on exactly what the cause was as of now. in headlines this morning. defeating a partnership. the contract awarded by the u.s. air force a big win for him. the launch slated for

february 20, 0019 and this comes after it won its first pentagon contract last year and that was it was also for a gps satellite. budweiser wants to be the first beer in space. it is exploring how to deal with the microgravity environment on mars. they want to be ready when and if mars is compromised. we want to make sure that it is the beer that people are toasting with on mars when we get there. the shares are down 9% in the past year. finally this. in elementary school in california band the game of tag the one we all played when we were kids principal at gold ridge elementary school send out a note saying to parents the game was too rough and a spokesman for the school said is not uncommon for them to put rules to address safety for kids.

they are saying the kids are playing too rough we are worried about it is dangerous. no more tag on the playground. that's what we were seen earlier. what are they expected to do then. maria: we're breaking news we want to show you this video. rex tillerson has landed in tokyo for his meeting with a counterpart in japan we will bring it the very latest on the secretary of state meeting in japan this week but now he is in tokyo. moments ago his flight is on the ground. neiman marcus is reportedly shopping for a buyer. we are seeing real major consolidation for retail back in a minute.

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maria: welcome back. the retail industry on sale. neiman marcus in deal talks with hudson bay. judy is right now is the chief research officer. good to see you. thank you so much for joining us. macy's is up for sale we know that. now we have neiman marcus be pursued tell us about this. do you think we will see a deal. richard parker's executive chairman is a real estate magnet. his very savvy when it comes to this. not only is this hudson bay tried to be a little bit more on the channel they are also trying to offload a lot of that real estate that neiman marcus has. live about $5 billion in debt. this is actually a little bit of it cheaper play for hudson bay versus the acquisition of macy's.

there are explored options this may be their only option. >> you can see that the retail space has had a really tough time and you've seen everybody really focused on focus on the real estate and not actually the retail sales and because they haven't been able to figure out on these on the channels. they are selling online as well as in stores. as their own private product lines of the able to push out but they haven't figured it out and so the talk about macy's is spitting off and the real estate. but do you think that these companies can compete not unrealistic but actually in the omni channel. what do they have to do. can they figure this out. >> goes to places like this. no offense people like my mother who want to get something very awesome and beautiful specific ways of

shopping that have a millennial's shopping anymore. that's that is not how the consumer's shopping. it should try to get with the program. buy things get these stores the stores up and running online. and macy's does have pretty good online sales however tiny altogether is very difficult when you have an older demographic that's going to the store. we talk about the way they shot. they're also very loyal to brands. and they like quality. a part of this is the fact that a lot of designers are going straight to the customer now when he used to be the staple of the department store business. how are they tackling and that. social media has really had a massive impact on the way everybody shops. designers and in brands of disco directly to the consumer. you see a link you can just

buy the item you really love automatically. how do retailers compete with that. when they have the market -- micro brands. it's not an experience like that anymore. also buying product is more about the experience you want something so specific to yourself. that is why hudson bay is like the dark horse in terms of being in this innovator when it comes to that. >> one of the interesting things that's happening here the importance of the bond holders has risen. it has $5 billion in debt. these people want to get paid and you see the company basically go nowhere for years you see this is a big threat to this deal. >> know, i think the executive chairman really wants to try to acquire neiman marcus without the debt. have it been a dealbreaker in the past they were acquired by the private equity.

i think maybe will be the dealbreaker. that they can get this company up and running and people purchasing on this new 2.0 level that will ultimately be the demise of this company. you also had to know that they have real estate like i said in properties all over texas and all over the west coast that they are also trying to offload. to make this real estate play it's really the way they can get 2.0 if they can possibly do it at all. otherwise where does that real estate go. >> it would turn into one-stop hospitals. think and great to see. next up the fight over the republican health care bill has bigger paul ryan will join

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plus, free home delivery on select mattresses. ends sunday! only at a sleep number store or sleepnumber.com maria: welcome back. good wednesday morning thanks so much for joining us i am maria bartiromo, it is wednesday, march 15, your top stories right now ah 8:00 a.m. on the east coast president trump tax returns released white house ripped msnbc did

not skrooel much, by the way, president trump tweeting about the story does anybody really believe a reporter nobody heard of went to his mailbox found my tax returns, nbc news fake news, and republican health care plan in focus today, house speaker pal paul weighing in on tens within party he will join us live coming up. >> that is a what we have been doing all weeklong this entire process so, of course, the budget committee takes this up on thursday so those discussions about what kind of modifications those are ongoing. >> they are. >> of course we are. but let me just get you there yes, we are, but we got to make sure we hit the sweet spot consensus get it done don't want dragged out thing never get done search years long make good on promises keep consensus so we actually pass this bill. maria: more from paul ryan later this hour when he joins me live coming up in the program, the northeast digging out hf snow hitting new

england not as historic as for being, airlines working to recovery dozens of flights canceled and delayed this morning, once again. >> a shocking video out of saelt to report upper driver plus a into a gas station sparking a fireball. >> wow, plus land rover takes to the sky details on new drone coming up, investors waiting for fed decision futures indicating a rally at opening of trading ahead of the fed decision markets are expected to be up 30 points on dow jones industrial average as i mentioned the federal reserve will end two-day meeting today 2 pm eastern we will learn if fed in fact will raise interest rates. later today, later this hour, about redding on and consumer prices retail sales may set tone for markets in europe gains across the board take a look the dax now back in negative territory, it is back-and-forth throughout the morning for european indices not much change in terms of movement very fractional in about asia overnight similar

story stocks closing very close to flatline in asia coming up this morning to talk about it political analytical kristin haglund recon capital chief investment officer kevin kelley, best-selling author peter concern rn here. >> so excited for speaker ryan coming you out seven years to figure something out so far bungled it i am sprurp interested to hear what he has to say to you. maria: if he is willing to change some of the things that have upset the conservative right. >> get it done, let's focus on taxes and growth we got the fed raising rates today. >> we certainly -- we will talk about that, with paul ryan coming up, joining the conversation speaker of the house paul ryan special guest joining us no about 30 minutes, former deputy chief of staff to president bush karl rove here host of "varney & company" stuart varney weigh in don't miss a hometown stay with thus jam-packed hour kick off white house hitting back at msnbc after president trump

a's 2005 tax files illegally recessed on msnbc. >> blake burman live with the very laists. reporter: president trump reactsing to 2005 tax return two pages released last night on rachel maddow show on msnbc reported david cay johnson appeared saying he received that tax return in his mailbox this morning president trump says he does not believer that! one bit. >> here is what the president tweeted out a while ago quote does anybody really believe that a reporter who nobody ever heard of went to his mailbox and found my tax returns? nbcnews, take news the president 2005 paid more than 36 million dollars, in federal in being on in being 153 million dollars meaning rate that year was about 24%. as all of this was unfolgz last night white house released a statement, ended

with the following, quote, despite this substantial income figure tax paid it is totally i will to steal published tax returns dishonesty media can continue to make think it part of agenda while the president will focus on us have which includes tax reform that will benefit all americans. >> dnc put out a statement of their own suggesting the white house itself or somebody connected to the white house. that put forward the tax returns dnc writing last night quote the white house is willingness to release tax information when it suits them, proves donald trump's audit excuse is a sham the statement goes on to say only reason not to release returns is to hide what is in them, such as financial connections with russian oligarch the kremlin that is it. maria: blake thanks so much with the latest there want to bring in former deputy chief of staff to president george w. bush fox news contributor ca rov.

>> thoughts. >> big nothing burger got 150 million dollars paid 25% effective tax rate deductions for businesses leeds an conservation east on new jersey golf course so what -- >> rachel maddow sort of breath taking suggestion that there is that illegal forn ties here, then the dnc's completely stupid inane news lease suggesting hiding connections to the roourngs this is -- have we gone mad the entire country gone mad this passes for political discourse nowadays. >> you are absolutely right the media is working overtime against this president just continues, let me move on ask you about president headed to michigan today to talk about deregulation and job creation in the auto industry reportedly to meet with leaders from ford general he motors fiat chrysler to i on

theia daimler a rally in tennessee later what are you expecting how effective will they be. >> well, it is going to be interesting to see where the manufacturing car infers are coming from my sense is from appreciative comments they are going to raise some of the regulatory burden of the federal government, particularly the rules that had to do with fleet efficiency, these are the rules that require these car companies to make plots of small cars, that they have to sell, very incompetitively sometimes subsidizing them to get sales so their entire fleet meets the sort of arbitrary, guidelines, as to quote fuel efficiency for the entire fleet. and i think they are going to want relief from that because what it really legitimately does if you want suv or pickup they have got to find ways to take money from sales of those kind of cars and subsidize the internationallyly fuel efficient little cars people don't find as popular much of

the time an ineffective way of doing business, means don't effective to deploy capital hurts jobs economic growth. >> one of the things that you were talking about the fleet efficiency but isn't the biggest bone of contention nafta you bored adjournment tax they have at an parts of the process put in mexico canada, they have a, an international chain of supply, and so worried about getting pieces of equipment from mexico that they put into automobiled u.s. that kind of thing, but look, i think this is all going to work out i think it is frankly, there is more concerned about the regulatory environment they understand that it will be about there will be things in the tax cut that will help them things in the tax cut that would be the be as attractive but, overall, the benefit will be good for both

them and the economy, so my sense is it is going to be more on regulatory side. >> just a quick question one things people focused a lot on is miles per gallon requirements put in almost in the manner of a booby trap in closing days of the obama administration, what do you think happens with that? will we give some relief to these automakers will we actually look untangeel some rat's necessary regulations that were put in the very end offo managers. >> yeah i think the general sense is this latest round of fuel efficiency standards were not designed not drawn on the basis of sound science that is to say they didn't look at what current science allows manufactures to do so set targets that are too high given current technology, and given the means that the companies have to -- to reach them and, again, this gets back at you know ties into whole the whole -- overall

requirement that governs fleets, but it is it basically sets for the car companies, standards they can't reach given what they have in the way of technology, and materials. >> creates lin haglund here from a political perspective whenever donald trump goes on the road we know that he does very well he is table jin up support reclaim crowds enthusiasm throughout the campaign however in washington, obviously there has been a lot of gridlock around health care republicans don't look great anymore a lot of television can he swing momentum with patterns in michigan talk of jobs rally in nashville can he help republicans get a little more public support, because that is very, very important, the perception is very important on the hill, effecting how lawmakers are able to work politically to get things done. will it help. >> sure i think it will help but i love how breathless we are this is going in a bad

direction it is 50 days in, took barack obama 13 months to pass the obamacare law, and the republicans -- every time you try on theed pass something whether medicare part d no child left behind in bush years the process of legislating is ugly, and at times unclear how it is going to resolve itself this one is tougher than most but look. i think the fact that they did get some good news out of the cbo really bad number 24 million people, 14 million more people without coverage, than today. but they did get it is going to cut deficit stabilize insurance markets lead to reductions in premiums most of the 14 million people who lose coverage are people who are losing coverage because being bound no longer by fitness individual mandate say i am not buying it. maria: right. >> these are people voluntarily making this decision not to purchase it. maria: yeah i think people

are worried, and -- breathless as you see say because of this aggressive timeline, and the stakes so high around the obamacare replacement that it could stall everything else, and, obviously, with markets up 14%, since election day people want to see tax reform happen a lot of care gets backed up the rest agenda backed up i think that is what people are so nervous about this. >> i would say two things i would say first of all, you know, there is an interesting bodily from political morning consult shows republican plan is more popular than it is unpopular, that is not like obamacare more unpopular than it is popular by pretty good margin a lot of people up decided to 30 ode percent people favor the republican plan second thing would i say tax reform was always going to have to take place, during did reconciliation bill that goes in fall. >> yeah. >> so congress can do two

things at the same time, i do think congress needs to make it clear relatively shortly the tax cut will be made retroactive to january 20th of this year the time the president took office. maria: we will see about that we are going to have paul ryan on momentarily to discuss all above good to see you thanks very much joining us there. >> thanks for of course me. maria: see you soon sir northeast digging out this morning lingering trouble for travelers following yesterday's monster snowstorm land rover has eye in the sky rolling out a thou ride that comes complete with a roof mounted drone! back in a minute. ♪ ♪ taking -- she said -- before ♪ as after a dvt blood clot,ital i sure had a lot to think about.

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>>. . . maria: welcome back residents in northeast digging out after yes port nor'easter cheryl casone with details. cheryl: what a tomorrow millions of people dealing with what mother nature dished out yesterday for us one of the biggest storms of the winter causing serious travel disruptions thoughts power outages east coast at least two deaths blamed on that storm turned out -- well not as at about as predicted over 6,000 flights candlelight problems continue more than 1,000 cancellation so is far as of now, watching airlines for you, military analysts warned that pirate -- off somalia was imminent because

the european union antiprivacy program diverted to migrant cries in mediterranean somewhat unprotected pirates hijacked tank other off the coast of so many ja monday at least 8 sri, lanka members onboard. >> a state judge in south dakota ruled pink swine case against abc news can process potential 5.7-billion-dollar defamation lawsuit claim abc damaged products referring in series of reports, pink slime judge threw out defamation chaimz gains khor diane sawyer kept accusations against abc news and reporter abc wanted entire case thrown out no such luck products said it had to close three of four plants cut hundreds of jobs skaufs

consumer action to the abc news report. >> general eva auto voluntary show continuing land rover check out a a lunch pad for doctrine can too much to the roof while car is moving car as emergency vehicle for the red cross called project hero land rover says can give rescue teams live views of hard to find areas and help find missing people. maria: sign of the times. >> test it out for you. maria: either will us know presidential trump is tweeting this morning soibt tweet get outright away ceos most optimistic, since 2009, it will only get better as we continue to slash unnecessary regulations, and when we begin our big tax cut from a the president moments ago, of course, we agree. we want to talk, to speaker paul ryan about tax reform, and health care plan coming up, still ahead oil prices are

higher this morning, but this past week fueled concern, whether opec will stick to planned supply cuts how allow oil could go favorite apps could be in jeopardy thousands may be on the chopping block, back in a moment ♪ ♪ -- rain -- that doesn't seem to be a reason to change you know i feel so great ♪ ways wins.

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opec spy cut plan, i spoke with saudi economic development council member ministers of state mo hamed he will shaky earlier. >> we want susceptibility of the oil markets globally we want to make sure that consumers producers everybody basically has a stable market, and so won win situation for everybody. >> oil prices go through cycles we have been through about about cycles historical up and down cycles wha kingdom alled cares about what we care about going forward there is more stability in oil markets, and less volatility in prices going up or up and down. >> joining us you allege incoherentlying future restaurant bob good to see you thanks for joining us your take what is going on with with with oil. >> stoerj has been up every week since opec geement kicked in all-time record storage level in united states, almost 40 million barrels ahead of

last year's number, keeping in mind, that oil traded down 26 dollars last year saying a lot we have you a storage dry on private sector report came out yesterday government report 10:30 if we have a draw that is first draw since opec agreement kicked in first of 2017 up 2% say up a dollar today, so there is a potential for a little bit of a bottom in place here right now, but we roll dice 10:30 we shall see. isn't this par for corresponds don't we expect oil between 45 and 55 the way we can turn on turn off shale producers they can put barrel in production sell it on future curve. >> that is true. but we are at 9.1 million barrels domestic production got to 9.6 million when maxed out in 2015 if we continue to build at that rate, it could put pressure on the market that could test 45 dollar bottom, so we do run risk of an almost too successful type situation.

>> if that happens last time go back you saw degrade in the price of oil lots of mergers and acquisitions that occurred do you feel more in wind, big megahe he mergers as a result of declining oil price. >> i don't know if we see megamerger this is a couple big names talked in press out there big space you really want he mergers where they have been developing -- in texas if you own if you are little guy owns aifrj big guys will school up american way little guy takes ingenuity to the market picked up when you see success in that space ma we have been seeing happen. >> they don't have to sell secondary oufrgz to firm up balance sheets stocks run since then interesting to see little guys have done well on in that aspect. >> that is perishable where potential for deals is can you really see some gigantic oil companies together at this point they are already so big in size, but you make a good point because the last time we

had a sell-off in oil that is when exxon and mobile got together. >> exxon has been sitting around did a dig will be on per mean, british petroleum ch lower multiple people out there not doing quite as well we are on fire in united states some people feel 10 million barrels day breakthrough kind of stuff. >> isn't that supply he peter is talking about that sends prices lower long term. >> it does but demand is strong we can have export success, we may move that direction. >> bob just quick question politically the president is going to michigan today to talk the to automakers about fuel efficiency standards, so how we doing in industry specifically american producers reacting swatching his movements with auto industry. >> would like to see government step away let market take care of the situation we have taxes unnecessary taxes in my opinion on gasoline, those are

removed you have successor refinery space may not exist integrated types refineries will do better more government steps away better energy tends to do in my opinion. maria: bob great to have insights thanks so much. coming up snap losing streak stretching into premarket this morning. it could be an the unit to bring stock while down another 2% we will take a look what analysts are saying why snap had a to have you road then rallying support for republican health care plan house speaker paul ryan will join me live how he plans to unite the party around legislation, back in a moment. is there an elk in your bed? with sleep number, there's an adjustment for that. tilt your tormentor and put those snores to sleep. does your bed do that? right now, get free home delivery on select mattresses. only at a sleep number store.

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. maria: welcome back. i'm maria bartiromo, thanks so much for joining us wednesday, march 15, your top stories right now 8:30m on the east coast president trump headed to the midwest today the k commander in chief will meet with auto leaders in michigan, where he could formerly announce you a review of vehicle fuel efficiency rules set during the obama administration. president trump tweeting about his visit, earlier this morning, saying, we will be going to the detroit, michigan love, today for a big meeting on bringing back car production to the state and you haven'ts, already happening. after michigan president travels to tennessee tweeted on that as well, saying looking forward to a big rally in nashville, tennessee

tonight, big crowd great people expected, we will fun, amid a battle on capitol hill this morning vice president mike pence addressed gop fight for health care reform, listen. >> we are committed to the framework of this legislation. but we are very open. i think as republican leadership is, to ways that we can improve this bill, to advance president trump's vision, for free market, health insurance system in this kin that will give people more choices, for better coverage and give states greater flexibility to -- to redesign medicaid around the needs of most vulnerable. maria: s obviously here speaker of the house momentarily paul ryan joins lee live about the health care battle moments from now terrifying footage out of seattle uber driver lands into gas station causing a fireball. details of this crash coming

up, and twitter hacked large number accounts major news organizations compromised what a you need to know coming up -- u.s. officials to unveil charges, related to the massive yahoo! breach early as today fallout coming up, another row morning for snapchat but is the latest drop actually a picture-perfect applying opportunity for investors? we are showing you box right now we want to show you snap, because snap is actually trading up 2%, after having a tough week last week during ipo week investors around the world waiting on federal reserve today the fed decision at 2 pm eastern we will find out 2:15 pm eastern whether or not fed will raise doctorates as widely expected two dayed fed meeting ends today markets higher dow industrials expect the up 30 points nasq s&p 500 positive we got reads on coumer prices real sales next up 1/10 of a percent retail sales up 1/10 sf a percent numbers horrible in line with xapgs retail sales

up 1/106 a percent doesn't get much worse capitol hill house speaker paul ryan working to line up support for the gop health care bill, ahead of a possible floor vote next week republican leadership is increasingly under pressure to change the bill from within its ranks, at least 13 house republicans have said they are against the plan in current form, many more still undivided joining me right now to weigh in house speaker paul ryan of wisconsin thanks for joining us. >> good morning, good morning. how you doing maria. maria: i want to begin with top story in the journal today, and basically, the -- the first line, is many republican senators are warning that the bill will not become law without fundamental changes so the question is where are you willing to give on mr. speaker. >> obviously we are going through the legislative process here is a four committee process obviously as we go through this make refinements improvements to the bill that is occurring that is the legislative process works, by the way, senators they are not helpless

to what house does once the house is done with legislation we pass it to senate they take it. and then they amended if it they want to amended it do what they want to do with bill that is how legislative process works so i would say to senators, when it comes over to their place, they have the vote-a-ramcahave different amendments where if they want chaepths or improvements to the bill they will have that opportunity because that is how bills become law, so we are going to the process here feel very good why we are, we are making the kinds of refinements we think makes better no i score from citibank something waiting for now that we've got it we've got room to make it refinements the major components are staying impact, because something we wrote with president trump, this is something we wrote with the senateks so you know maria this is plan we ran all of last year, this is the plan that we have been working house senate white house together on, and now as we get closer to finish going to the committee process, you

inevitably make refinements improvements through that process exactly where we are right now. >> a what are imagine things that would stay and would not move? i guess the people are saying okay, sure. this is the plan that you have been running on this is the plan you have been talking about the truth is mr. speaker we have been hearing about we're going to repeal and replace obamacare for seven years a lot of people are saying, you have seven years to come up with a new plan, now this some people calling it obamacare light, was a it just too difficult to just throw it all away, and do a full repeal and come up with a full replacement? >> first of all, we don't have the votes for just a full repeal so many members the president included said repeal and replace. and if we just did repeal with reconciliation meaning 51 votes to the replace we wouldn't get replace passed they one filibuster playoff promise to voters everybody running for house senate president repeal and replace

usage budget tools in the senate to do repeal and replace remember maria this is why we had three-part process if we could put everything we want into one bill, and have it vote on with 51 votes in nat would do that but because of the senate rules how narrow they are to do when a we call he reconciliation can't put everything in the bill like interstate across state lines this is through reconciliation a very good part san excellent start it is the plan that we did write last year we did last year phase two deratings marketplace lets states open health insurance markets enormous market freedom that is what we mean when we say a free market a patient centered system part three working on same exact time other bills we believe in that areness he helpful you can't put in reconciliation could face 60 votes entity shopping let

people buy health insurance through nationwide buying pool trade association farm bureau restaurant association medical liability reform to cut down on practice of defensive medicine costs so much money things we believe in but we know we can't bring it to the senate reconciliation, and because it would filibuster the bill that is going on here, took seven sentences to explain all that that confusion all are on we had a plan we have a plan, we are moving this plan, and we are making fine-tuning refinements to this plan as it guess through legislative process all how all legislation works, passes house goes to senate then they take it from there that is how at the legislative process works. >> that time line, that has sparked so much urgency on part of the people you just went through it very clearly, you say it is confusing it is not -- understand where you are why you had to do it the way you did it i want to ask about that in a minute but in terms of medicaid you have got

rand paul saying this is a complete giveaway this is obama light, obamacare light, would you consider giving medicaid to the states let the states deal with it? >> that is what we do that is what that is what i am really kind of accused about loss in translation this legislation is per capita block grant back to states turns medicaid over to states, states run from it there, it says we are going to phase down expansions so there is no more medicaid expansion, says we are not going to give importability rrates to federal government turning over to states the states legislature gsdz take it from there craft medicaid how they want to in their state, that is is what this bill does. >> did you not think you would be able to pass this without the 51 votes without -- you needed 51 rather than 60 votes that -- health care first because a lot of people feel. >> let me he -- we know we can't pass with 60 votes you know why?

democrats created obamacare democrats don't want to get rid of obamacare democrats know obamacare is collapsing what they prefer is medicaid for all prefer signing payer so we know the architects of obamacare aren't going to work with us to get rid of this law and replace with decentralized local control free market patient centered system that is not what democrats want they want single payer health care this is why we know we have to use tools that we've got gets around the filibuster in senate. >> stakes so high, because of the way that you have lund this up, get the repeal and replace done first then move to tax reform a very aggressive timeline trying to get something out on this health care plan by easter, and then moving on to tax reform by rug slipups what happens to tax reform. >> we are on schedule senate and house laid out for the president, an aggressive 200 day schedule, we knew we couldn't do all 100 days

senate has to have approval of all cabinet members aggressive 200-day scheduled we worked with the president on. i love it make sure you put infrastructure in this as well, so we are working off that schedule that we all agreed to, and yes aggressive, that is because there is big problems we made promises as to what we would do to solve those problems now in middle of delivering on those promise. so, yes, it is important that we get this done so we can do tax reform because this bill also takes out about 900 billion dollars of tax increases the obamacare tax increases are taken out makes it 900 billion dollars easier to reform tax code afterwards that is why this is really important. >> some people see this as a bigger tax cut than anything obviously. >> it is a trillion-dollar tax cut, about a trld tax cut. >> i trld tax cut. >> wouldn't it have been easier to do treechl first markets up 15% since election day, the business community, individuals want to see tax reform cone, how do you know you are going to be able to

get tax reform look at all issues you are facing right now, with getting. >> because one one of the highest priorities we have, our committees weren't ready to do tax reform in this space of time getting ready now working on it more importantly it would have been a trillion dollars more difficult to do he tax reform had we done that first a big deal a trillion dollars to give in you mind a perspective, that is 10 percentage points on rates for businesses. so blueprint corporate race from 35 to 20 a trillion dollars is 20 to 30 difference this is how big that is. so, taking tax reform with a bigger trld number in it makes it really hard to do, that is why doing this first makes tax accomplish. >> you said 20% in corporate tax rate and donald trump has been saying 15%. are. >> 1-- but, agn, here is the point, we also know, that the left does not believe in what we're trying to do on tax reform don't want us to lower

tax rates don't want to go to territorial system don't believe we have to use reconciliation for that as well 15e poets this has been revenue neutral we believe we can have a revenue neutral bill we corporate tax ratepayer 15 piers we don't think 15 gets there if we can do 15% will do it has to be revenue newt to avoid a filibuster this is i love this conversation, it gets wonky detailed kind of you confuses people we with an actually deliberative on promises do what we said we would do take the president agenda, things he talked about if campaign this things we also ran on campaign, and actually get it done, as quickly as possible for the legislative process, this, by the way, for congress is lightening speed i would say getting tax reform repealing replayoffing obamacare deif he had

rallizing entitlement recapping replacing with republican tax policy rebuild military then go and rewrite tax code for economic growth, it is a pretty tall agenda. >> very tall i think everybody recognizes that you are doing a lot you've got a small window of opportunity, before the xt set of elections, is there any scenario that you can think of where he tax reform is not announced in 2017? >> no, we will get tax reform done you know why -- >> all this pressure from within your own peert, on the conservative right, that are saying we are not going to vote for this if you have if you lose two republicans, this bill collapsing. >> yeah, you asked about tax reform or health care. >> health care and the -- and then a tax reform, my first question was is there any scenario that at a tax reform does not happen in 2017, you said no. and my follow-up was even though you've got this pressure for health care, because that is holding that will hold everything up if this he collapses. >> makes tax reform harder more difficult, we all know

that we have to get tax reform if we want economic growth get out of the shrug that we are in lowest smallest piece on expansion since world war ii we must do he tax reform our members get that, our members are having a scribe brabt debate how do do tax reform there isn't a republican that i know that does not believe we should do tax reform -- i i was chair ways and means written a lot of tax bills been here for a lot of tax laws i know we will get to consensuss how to do he tax reform a a bill in the house strongly believe in we think best way to go others have different ideas what legislative process is about negotiations are about there sant republican i heard of not or from tax reform i like the idea of trillion dollars years than not trying tee accomplish. >> does that revenue inoculate anitrality come in because of border-adjustment tax. >> helps a meet he revenue neutrality and 20% rate border-adjustment tax gets a trillion dollars of base

broadening from outside domestic tax base if you don't border just trillion dollars from tax base you can't get all that can't get 20% border-adjustment tax 20% rate you don't do border-adjustment tax we are mid to high 20s not good because the industrial average tax rate for businesses 23%. we can't meet 23%, if we don't do this. >> speaker, quick. >> that is one of our concerns. >> is it going to be retroactive to january 20, '17. >> i don't know the answer to that yet if a trillion dollars harder to get done makes it harder to do, so this -- this bill haven't been written it is too premature to say we want to do that we believe for economic growth, rate cuts i watched this you go back read books about reagan art lavr told me a million dollars when you delay tax rate deductions

for later you are delaying economic growth last thing we want to do is delay economic growth on margin would occur with request rate cuts. >> thank you so much packer paul ryan joining us. we'll be right back. microsoft and its partners are using smart traps to capture mosquitoes and sequence their dna to fight disease. there are over 100 million pieces of dna in every sample. with the microsoft cloud, we can analyze the data faster than ever before. if we can detect new viruses before they spread, we may someday prevent outbreaks before they begin.

. maria: 45 minutes away from the opening bell for a weed, looking at rally at opening of trading, of course, there is the federal reserve, waiting on the fed 20 tell us raising triple digits keep an eye on apple shares we are watching the company, after potential headache for custome, new research from analytics company sensor tour shows more than 187,000 apps could die under the latest apple ios operating system this is not first time apple left apps behind removed 47,000 apps last fall you may remember, another rough morning for snap -- in coverage of the stock with inner a wet weighting target price 18 dollars a share obviously, below where it opened snap ipo opened 24 dollars a share two weeks ago.

the stock this morning is down about 2%. misof mys releasing information on president trump 2005 tax returns was report a bust. >> joining us host of "varney & company" stuart varney with near was it a bust it was a bust and half! it was a joke! how long is it i mean for years and years and years, the left has been saying, oh trump doesn't pay taxes, oh trump is not rush as he said he was then drumroll, please big build up to rachel maddo's show last night she is got tax return from 2005, big revelation what did it reveal donald trump fate a fortunate tiv 38 million dollars errand 153 million yes rich better than that depending on your perspective, he paid a higher tax rate than the socialist bernie sanders a higher tax rate than former president barack obama. how about that?

it was a total bust! it revealed nbc as propaganda machine and nothing but that, that maria is why you and i are murdering our nbc competition thank you very much. maria: it is true people want real news. >> i get worked up about these things, i know what i mean. >> -- >> around the tax returns, okay. so rich guy paid a lot in taxes, on to next thing. and you know what i like this the statement from white house saying we are going to focus on tax reform i hope they do i don't know if you heard anything in that paul ryan interview but we are all talking about what he just said about not committing to 2017 retroactive more to come see you 10 minutes top of the hour 9:00 a.m. eastern after "mornings with maria" join stu next 10 minutes we'll be right next 10 minutes we'll be right back, sorry guys. like a tired dog is a good dog. ♪ [ whimpers ] ♪

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maria: welcome back to another tennis channel court report for fox business i am chris, venus williams quarter finals at indian wells 20 years ago. >> second straight match in desert after losing opening set 6-3, got more aggressive took the match. venus closing out three set win 6-3 to delight of the crowd on stadium. >> [cheers and applause] >> earlier his place in round of 16 with excellent wen over lucas, young moves, point for spot in the quarters. [cheers and applause] >> don't forget, extensive live coverage paribas open from indian wells continues wednesday 1:00 pm eastern.

maria: all right video catches a spectacular crash at seattle gas station cheryl with details. cheryl: video maria, i mean spectacular right here security cameras captured uber suv plowing into gas pump igniting small explosion of passenger on boarded when this happened tuber driver collided with honda accord before hitting the gas pump passenger to hospital minor injuries driver not hurt investigated for possibly driving while intoxicated honda driver also in serious condition. this morning. >> well, the polls are open, for dutch parliament elections watched as indicator of the spread of populism in europe ahead national elections in france and germany that happen later, prime minister leading ahead of schal geert wilders,

should see 4 pm eastern today. >> twitter says revoked access to -- broadcast pro turkish messages tens between turkey and german and dutch government banned pup rallies by politicians fox news confirmed justice department expected to announce charges against vailgdz behind that massive breach of yahoo! user accounts surfaced last year russians are among those being charging we expect to get that this morning. >> becau of hacks, verizon reduced acquisitiopre for yahoo! about 350 million dollars, yahoo! shares up 37% maria, in the past year, those are headlines back to you. maria: thank you final thoughts from all-star panel when we come right back, stay with us.

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at first, getting paid was tough...kbooks. now she sends invoices, sees when they've been viewed and-ta-dah-paid twice as fast for free. visit quickbooks-dot-com. >> welcome back. final thoughts fm our all-star panel, peter. >> i think the governors are fed up and the fed is going to raise rate. watch for that between trump and the fed. maria: is she going to get pushed out. >> it's nip and tuck, if she raises four times, there will be. >> and the fred used to use the economic expansion and now for time for fiscal policies and for the republicans to do it.

maria: do you think they'll do it? you heard speaker ryan. >> they're focused on health care and not taxes. maria: and kristin. >> they can do health care right for the american people. maria: we're watching this aggressive timeline. obamacare replacement and then tax reform. have a great day. here is "varney & company," stuart. stuart: i'll take it, you have to laugh, be not outraged, just laugh. nbc exposed as a propaganda machine as president trump says, fake news. good morning, everyone. for years the left taunted him, he does not pay tax and he's not as rich as he says he is, then last night rachel maddow held up a two page summary of donald trump's 2005 tax return. oh, dear, he paid $38 million that year and earned 153 million and paid a lot in tax and, yes, he is very rich even worse for the left, he paid a